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A thorough analysis of today’s financial news—delivered weekly to your inbox or via social media. As part of Knowledge Bureau’s interactive network, the Report covers current issues on the tax and financial services landscape and provides a wide range of professional benefits, including access to peer-to-peer blogs, opinion polls, online lessons, and vital industry information from Canada’s only multi-disciplinary financial educator.

This Week’s Edition of KBR:

October 2025 Poll

Do you believe SimpleFile, CRA’s newly revamped automated tax system, will help more Canadians access tax benefits and comply with the tax system?
Yes: 4 votes
14.29%
No: 24 votes
85.71%
 

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Real Tax News

2018 Budget Overview: Specific Tax Provisions for Business

New 2018 Federal Budget includes business tax provisions addressing tax changes for business income.

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2018 Budget Overview: Additional Tax Provisions

Review additional tax provisions announced by the Government in the 2018 Federal Budget.

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Tax Tip: Three Tax Secrets for RRSP Investors

March 1, 2018 is an important date for savvy taxpayers:  don’t miss topping up your RRSP contribution by this deadline. It’s a great investment for your retirement, of course, but it’s so much more powerful:  there are, in fact, three additional tax secrets most people don’t know about that can help you improve your finances.

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Rising Interest Rates on the Horizon: Who Will Feel the Impact?

Interest rates are rising and Canadians are already feeling the pinch in paying down their operating lines.  Owing the taxman can add to the burden.  The Bank of Canada’s next interest rate announcement is March 1 and for some, the trend is already uncomfortable. Debt management is key.

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Tax Time: Canada’s Income Tax System Is Here to Stay

The first tax returns of the year will be processed on February 26 this year.  February 28 is the last day to catch up your filings and preserve appeal rights under the old Voluntary Disclosure rules that allow for full interest relief.  That means tax deniers or procrastinators must step up now.

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